Tag Archives: GUYANA: Gas-to-shore pipeline can be paid for in 5 years – VP Jagdeo

GUYANA: Gas-to-shore pipeline can be paid for in 5 years – VP Jagdeo

…industrial manufacturing from gas positive externality

The gas-to-shore pipeline being pursued by the People’s Progressive Party (PPP) Government and which it is estimated will cost some US$900 million to build, can be fully paid off or amortised within five years.

This view was expressed by Vice President Bharrat Jagdeo, during a recent presentation with senior representatives of various media houses. He noted that given the millions that will be saved in energy cost per year when the gas-to-shore pipeline is functional, the project can be paid for within five years.    Continue reading